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Category: Hot Stocks to Watch
Forex Market update: Dollar Index Rise Sharply
The U.S. dollar index rose on Tuesday amid rising speculation that the Federal Reserve will soon start to wind down its quantitative easing amid improving macroeconomic environment. A better-than-expected retail sales data release on...
Stocks Futures Up
U.S. stock futures gained on Tuesday as the market sentiment was upbeat after Japan’s leading average, the Nikkei 225 rallied over the news that the government of Japan could bring down corporate tax rates...
Mosnter Beverage Reports Q2 Results (MNST)
Monster Beverage Corp. (NASDAQ: MNST), on Friday, reported its second-quarter financial results. The Corona, California-based beverage company registered an increase in its second-quarter sales. For the second quarter ended June 30, 2013, MNST reported...
NRG Energy Slashes FY 2013 Guidance, Shares Slip (NRG)
NRG Energy Inc. (NYSE: NRG) reported on Friday that its profit fell sharply in the fiscal second quarter as higher operating expenses put pressure on the bottom line. Although adjusted earnings and revenue for...
Lions Gate Swings to Profit in Q1 (LGF)
Lions Gate Entertainment Corporation (NYSE: LGF) reported better than expected fiscal first-quarter profit on Thursday as the studio’s “Twilight” and some of the other TV shows continued to catch eyeballs. The Studio also swung...
Rackspace Tops Q2 Estimates, Shares Soar in Afterhours (RAX)
Rackspace Hosting Inc. (NYSE: RAX) reported late on Thursday that its fiscal second-quarter profit fell 11% as expenses were higher; however, shares rallied 11.65% in afterhours trading as results beat Street’s consensus estimate. The...
Forex Market Update: Dollar Index Down
The U.S. dollar traded broadly lower against all major traded currencies on Thursday as uncertainty as to when and at what pace the Federal Reserve will scale down its bond purchase program weighed on...
Groupon Shares Soar as Revenue Climb 7% in Q2 (GRPN)
E-commerce services provider, Groupon Inc. (NASDAQ: GRPN) reported better-than-expected revenue and earnings which matched expectation for the fiscal second quarter, late on Wednesday. Strong revenue growth from its mobile commerce business helped the company...
Green Mountain Q3 Revenue Falls Short of Estimates, Shares Plunge in Afterhours (GMCR)
Green Mountain Coffee Roasters Inc. (NASDAQ: GMCR) reported better than expected fiscal third quarter earnings late on Wednesday as the bottom line was boosted by lower costs of coffee and improved sales of single...